MiFID II/R implementation
MiFID II/R impacts almost all of our members since while it is European legislation it also has implications for members outside Europe and its scope is extremely broad.

ICMA brings together senior buy-side, sell-side and trading venue active market participants, in various ICMA committees, working groups and councils to discuss the impact of MiFID II on European business models. Through robust discussion, ICMA members will better understand the ‘direction of travel’ for European fixed income primary and secondary markets, and plan accordingly.

The main topics we are focusing on are listed below with the appropriate links to resources on the website.

Product governance                        
PRIIPS                            
Allocation justification recording
Inducements
Costs and charges
Trade and transaction reporting.
Primary markets
Rule interpretation
Ongoing MiFID II related challenges
Emerging trading workflow practices
European & cross-border electronic trading market structure
Developing trading technology & data landscape
Secondary markets
Securities financing transactions                   
Best execution reporting
Repo and collateral
markets
Research unbundling Asset management



ICMA will be running a lunchtime briefing - MiFID II/R implications for Asian fixed income, in Singapore on 19 March and Hong Kong on 23 March.



MiFID II/R implementation updates from ICMA

We have been sending out regular updates on the practical implementation of MiFID II/R relating to primary markets, secondary markets, repo and collateral markets, and research unbundling for asset management.

ICMA AGM & Conference 2018

ICMA Executive Education